MtK have this company by the balls - whoever set up this lending...

MtK have this company by the balls - whoever set up this lending facility on their end is one very switched on character! The writing was on the wall 2 years ago as touted by a few on here, but the rampers thought that the non-holding nobodies were just trying to "get in at a lower price".

People often wonder why non-holders post on stocks - shareholders look at this in a back to front way. Non-holders aren't negative about a stock because they don't hold it; instead, they don't hold the stock because they can see the forest from the trees and can distinguish a dog when they see one! The fact that non-holders post on a stock is a moot point to this matter.

$4 club? More like 4c club coming right up if they don't pull of an absolute miracle either with a U-turn in production (unlikely because we should have seen an announcement to notify of this material change in proceedings) or some trash credit facility with even higher repayment demands down the track comes in at the 11th hour (more likely, but is just delaying the inevitable).